Major Exchange Partners With hubii

Earlier today, hubii have announced a new partnership with a major exchange, in a significant development for the team, hubii have announced that they have joined forces with the major cryptocurrency exchange, HitBTC. HitBTC is one of the most advanced crypto exchanges in the world and has gained its reputation for fault-tolerance, high availability and flawless uptime. It is also the biggest exchange by trading volume that now lists tokens of HBT. According to the Medium post, by John Derbyshire (Product Lead at hubii) “HitBTC handles trading volumes in excess of $250,000,000 per day, placing it in the top 10 exchanges worldwide. HitBTC will list hubii’s HBT token, which was created during our successful token sale in 2017.”

The team at hubii have thanked HitBTC for the ongoing recognition of the hard work that their team has put in. As it says in the blog, the team is staying focused on building real products for commercial-scale applications, which includes the continuous deployment of the tokenised scaling solution nahmii to the public mainnet.

Continuous deployment

For those that don’t know “nahmii is a second layer (or layer-2) scaling solution for the Ethereum blockchain. By moving transactions on to the second layer, nahmii provides a cheaper, faster alternative to making transactions on the Ethereum base layer.”

Around a month ago, hubii began to deploy nahmii for the public mainnet. The first smart contract to be deployed will be for nahmii’s token, NII. With this, the smart contract will be in control of the minting of NII tokens and this will result in 120 billion tokens in the strict limit of supply.

Airdrops

Airdrops (airdripps as hubii call them) are a way of distributing tokens to qualifying addresses. If you are an HBT token HODLer then you will be eligible for an airdriip. This will only apply though if they hold their tokens in an address that they control.

You will be able to find out more here of FAQs or the airdriips.

Despite the massive slump that the market is experiencing, with Bitcoin down below the $4,000 mark and the majority of the market along with it, the hubii network token seems to be thriving as it is up by 80 percent at the current time of writing which gives it a price of $0.17.

What are your thoughts? Let us know what you think down below in the comments!